Savings

Helping your savings to grow

Premier 30 Monthly

If you are prepared to save at least £10,000 and do not need immediate access for your withdrawals, consider our Premier 30 Monthly account.

Premier 30 Monthly - Issue 8
These rates include a 1.55% (fixed) bonus for the first twelve months following the inception of the account.
Account balance Current Gross% Current AER% Current Net% Previous Gross% Previous AER%
£50,000+ 2.95 2.99 2.36 n/a n/a
£25,000 - £49,999 2.85 2.89 2.28 n/a n/a
£10,000 - £24,999 2.75 2.78 2.20 n/a n/a
Rates are variable and are effective from 16 December 2011
Premier 30 Monthly
Rates excluding the bonus.
Account balance Current Gross% Current AER% Current Net% Previous Gross% Previous AER%
£50,000+ 1.40 1.41 1.12 n/a n/a
£25,000 - £49,999 1.30 1.31 1.04 n/a n/a
£10,000 - £24,999 1.20 1.21 0.96 n/a n/a
Rates are variable and are effective from 8 February 2010

Summary Box
Key Product Information for our Premier 30 Monthly Savings Account
Account Name Premier 30 Monthly
Interest rates (AERs) See separate interest rates table above.
Tax status Net of income tax unless a Form R85 is registered.
Conditions for bonus payment There are no conditions relating to the bonus payment. From time to time there may be different bonuses paid on Premier 30 depending upon when the account is opened.
Withdrawal arrangements A maximum of three cheque only withdrawals can be made in any calendar year subject to 30 days notice being given.
Access Access by post only.

Key features
Minimum investment amount The minimum opening balance is £10,000. You can only have one issue of Premier 30 open at any time.
Maximum investment amount The maximum investment limit per investor is £85,000 subject to a £500,000 maximum overall holding.
Operating balance The minimum operating balance is £10,000. Withdrawals taking the balance below £10,000 are only allowed on closure of the account.
Withdrawal restrictions A maximum of three withdrawals, by cheque only payable to you, are allowed each calendar year subject to 30 days notice being given. No earlier access is available. Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year. The minimum withdrawal amount is £500.
Internal transfers – including transfers to new issues of Premier 30 Internal transfers to other accounts, including transfers to new issues of Premier 30, are allowed subject to 30 days notice being given. No earlier access is available. The minimum transfer amount is £500.
Interest payments The rate of interest is variable and is taken as a monthly income. You can choose to have interest compounded to your account or transferred to another account. If interest is paid and compounded to the account then this will be defined as an additional investment and any future withdrawal will count towards the annual withdrawal limit.
Further investments Cheque only investments may be made at your convenience. The minimum investment amount is £500.
Account operation With the exception of existing members, the account is only available within B, DY, WS or WV postcode areas. All transactions, including account opening, must be conducted through the post. Existing members must have a savings account with us which was opened on or before 1 January 2011.
Joint accounts Joint accounts may be opened.
Right to cancel You have the right to cancel your investment within 14 days of your account being opened.

To download an application form please click here.

Please remember to forward a cheque payable to yourself, along with your completed application form. Please read our Terms and Conditions for Savings Accounts leaflet before sending us your completed application.

Completed application forms should be sent to:
Postal savings department
Tipton & Coseley Building Society, PO Box 56, Tipton, West Midlands, DY4 8BR
Telephone: 0845 7573 749

Further information

Please note that this account may be withdrawn at any time without notice.

If you would like further information through the post about the range of savings products offered by Tipton & Coseley, please enter your details here.

We do not issue Section 975 tax certificates automatically. If you would like to request a Section 975 tax certificate please enter your details here.

We will require new investors to sign any future windfall rights to a Charitable Foundation.

Page last updated on 5 January 2012.

© The Tipton and Coseley Building Society 2009
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